Several years ago, a young professional couple received notice to vacate their townhome—in 30 days—because the landlord’s daughter had to move in just after the holidays. Yikes! “We’ll never let that happen to us again,” the couple decided.
Imagine receiving in the mail one day, especially in times like these, an eviction notice. Renting a home nowadays is tricky business nowadays, and yet nearly 40% of North Texans pay rent, according to a recent news report.
Purchasing a new home buys peace of mind you can’t get with renting one. Lennar not only offers new homes for sale in Dallas, TX, and throughout the Metroplex, but Lennar also makes purchasing a new home virtually stress-free
Moreover, today’s an unprecedented time to own a piece of the American Dream. Interest rates stand at a historic lows,† and landlords in Dallas raised rates nearly 4% from 2019 to 2020, according to RENTCafé
Take a look at Lennar’s Arcadia Farms community. In the highly desirable city of Princeton, TX, select homesites feature four bedrooms and two baths, which would cost $1,756 a month. This payment includes estimates for taxes, hazard and mortgage insurances and HOA fees (estimates are subject to change, actual payment obligation will be higher). Payment based on 2.25% (3.305% APR) and a down payment of 3.5%. Financing through our affiliate Eagle Home Mortgage, LLC*—or you could spend countless hours struggling to find a rental unit with a monthly cost and square footage similar to this Lennar home.
More than that, Everything’s Included® in select new Lennar homes, with standard features that would cost extra, if they’re even available, in a rental. At Arcadia Farms, new homes include kitchens with GE® appliances and quartz or granite countertops, features you won’t likely get in a rented unit.
Moreover, some Lennar communities, such as Phillips Creek Ranch in Frisco, TX, include resort-style amenities you’d be hard-pressed to find in typical rental properties. Exclusively for Phillips Creek Ranch homebuyers, those features include a junior Olympic pool, fitness center, 100 acres of greenspace and much more. Why rent, when you can own?
At the end of the day, buying a new home continues to be a major life decision. Since 1954, Lennar has helped hundreds of thousands of people find their American Dream, with a stress-free, value-rich homebuying experience.
You could drive yourself nuts searching for rental properties and financing issues or you can simply make one call to the Dallas-Fort Worth Internet New Home Consultants at (866) 314-4477, who are available now.
As homeowners, the couple enjoys unfettered peace of mind, which is at the top of everyone’s mind these days. Such security is only one of many benefits Lennar offers with new homes for sale in Dallas, TX, and surrounding areas throughout the Metroplex.
Moreover, today’s an unprecedented time to own a piece of the American Dream. Lennar’s mortgage interest rates stand at a historic low of 2.5%—and landlords can typically raise their rent by at least 1% after a yearlong contract, experts say.
So consider, for instance, Lennar’s Arcadia Farms community with new homes for sale in Princeton, TX. In the highly desirable city, the stunning Allegro design, with four bedrooms and two baths, would cost about $1,800 a month with a 10% down payment—or you could spend countless hours struggling to find a rental unit with a monthly cost and square footage similar to this Lennar home.
More than that, Everything’s Included® in every new Lennar home, with standard features that would cost extra, if they’re even available, in a rental. At Arcadia Farms, new homes include kitchens with GE® stainless steel appliances and quartz or granite countertops, features you won’t likely get in a rented unit.
Likewise, at Lennar’s Phillips Creek Ranch, with new homes for sale in Frisco, TX, a brand-new home would cost about only $400 more per month than a home that isn’t yours in one of the Metroplex’s most sought-after cities. That is, if you could even rent such a grand home and in a community with such rich amenities as a junior Olympic pool, fitness center, 100 acres of greenspace and more.
At the same time, you can look at that additional $400 a month as a “deposit” into a high-yield savings account: Dallas homes fetch an annual appreciation rate of up to 11% over three years, according to a real estate investment blog.
Talk about a significant return! That equity accrues to you, not to some landlord who can make your life miserable. Today, more than ever, no one can afford that.
At the end of the day, buying a new home remains an emotional decision. Since 1954, Lennar has helped hundreds of thousands of people find security in the American Dream, with a stress-free, value-rich homebuying experience.
With sanity also at a premium, you could drive yourself nuts Googling rental properties and financing issues or you can simply make one call to the Dallas-Fort Worth Internet New Home Consultants at (866) 314-4477, who are available now.
DISCLOSURE: *Sample payment is based on sales price of $270,000.00 available as of 07/31/20 factoring in prepaid interest and closing costs. Rates may change or not be available at the time of loan commitment, lock-in or closing. Buyer is subject to qualifications for specific loan terms, occupancy, 660 credit score, underwriting requirements, and/or investor program guidelines. Not an offer to enter into an interest rate or discount point agreement and any such agreement may only be made in writing signed by both the borrower and the lender. Offer requires financing through seller’s affiliate Eagle Home Mortgage, but use of Eagle is not required to purchase a home (See Affiliated Business Arrangement Disclosure). Eagle Home Mortgage, LLC, NMLS # 1058. Branch NMLS # 268069, 1707 Market Place Blvd, Suite 100, Irving, TX 75063. †This statement is based on currently available information from http://www.freddiemac.com/pmms/, current market conditions and should never be relied upon. Market rates are based on market trends and other factors that can cause predictive statements to differ materially. This statement is no guarantee of the present or future market conditions and market values. Lennar makes no guarantee of present or future market conditions. Forecasts, projections and other predictive statements should never be relied upon. You should consult your own accounting, legal and tax advisors to evaluate the risks, consequences and suitability of any real estate transaction. Features, amenities, floor plans, elevations, and designs vary and are subject to changes or substitution without notice. Items shown are artist’s renderings and may contain options that are not standard on all models or not included in the purchase price. Availability may vary. Plans to build out this neighborhood as proposed are subject to change without notice. Please see your New Home Consultant and/or home purchase agreement for actual features designated as an Everything’s Included feature.
All product and/or company names are trademarks TM or registered trademarks ® of their respective owners, and use of these marks does not imply any sponsorship, endorsement, support, or affiliation between the trademark owners and Lennar. This is not an offer in states where prior registration is required. Void where prohibited by law. Copyright © 2020 Lennar Corporation and Eagle Home Mortgage, LLC. All rights reserved. Lennar, the Lennar logo, Eagle Home Mortgage, the Eagle logo, Everything’s Included, and the Everything’s Included logo are U.S. registered service marks or service marks of Lennar Corporation and/or its subsidiaries. Date 08/20
